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Potter Inc. purchased equipment on January 1, 2021 for $87,000.It is estimated that the equipment will have a $7,000 residualvalue at the end of its

Potter Inc. purchased equipment on January 1, 2021 for $87,000.It is estimated that the equipment will have a $7,000 residualvalue at the end of its 8-year useful life. It is also estimatedthat the 2 answers

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